As time passes by, people are starting to understand the true potential of cryptocurrencies and blockchain technology as a whole. With thousands of new crypto projects launched this year, the crypto industry has attracted hundreds of new users. This year has also been huge for the Decentralized Finance (DeFi) ecosystem as a whole as well. Although DeFi did not experience the growth that the rest of the crypto industry did, it did very well considering all the FUD and controversial comments it gets every day.
With all the growth DeFi is undergoing right now, hundreds of new projects have invaded the space. Before, Ethereum was the main driving power behind DeFi; however, that is starting to change as new projects come up with new solutions.
One of these innovative projects is the Cum Rocket. Its name goes well with its purpose, which is purely NSFW. But what is Cum Rocket in essence? How does it work? Throughout this article, we will try to explain the goals of this project and the work that happens behind the curtains.
Cum Rocket (CUMMIES) Fundamental Analysis
To begin with, let us talk about the fundamentals of Cum Rocket. This crypto project was started by Lydia Lane in early-2021. She is now serving as the Chief Executive Officer (CEO) of the project. The rest of the team consists of Chris Ganon (CFO), Antonio Sanchez (External Advisor), and Emily (Head of Product). This project wanted to touch upon the porn industry, making payments safer and easier through blockchain technology. They provide an 18+ Non-Fungible Token (NFT) marketplace which we will cover later in the article.
According to CoinMarketCap, their total supply is capped at 10 Billion CUMMIES, of which around 1.3 billion are in circulation. This is because 80% of the total supply was burned before the official launch of the token. Since CUMMIES uses a type of Proof-of-Stake (PoS) mechanism, their remaining supply is thought to be distributed through staking as time passes. However, there is no need to actually “stake” CUMMIES because of their reflective origin. Similar to SafeMoon, just holding (HODLing) to your CUMMIES will leave you with rewards.
After each transaction, 2.5% will be distributed to CUMMIES holders while another 2.5% is burned forever, making the token a deflationary one.
Among numerous famous individuals of the porn industry, the Cum Rocket marketplace offers NFTs from pornographic actress Joanna Angel and porn director Miles Long. Moreover, numerous newbie pornstars have been flooding the Cum Rocket platform, claiming that they are paid better and faster in their platform rather than other platforms.
these four say THANK YOU @CumRocketCrypto pic.twitter.com/vwnkvjGzuO
— Ariadna (@Love_Ari456) September 17, 2021
Cum Rocket NFT Gallery & Marketplace
As mentioned before, Cum Rocket is an NFT platform that offers adult content as NFTs. At the moment, Cum Rocket is a one-of-a-kind project. Their NFT gallery includes exclusive images and videos from famous pornstars.
On their whitepaper, Cum Rocket claims that they want to introduce the wonders of blockchain technology to the multi-billion pornography industry. Using blockchain technology, Cum Rocket wants to out-perform platforms such as PornHub and OnlyFans. As mentioned before, Cum Rocket is the first of its kind and, to ensure that the content of their customers is not being copied or stolen, they are working on a copyright bot.
Unlike other porn platforms, people can buy, sell, store, and trade porn clips, images, or GIFs with one another without the need to ever download it to their computer. All you need is a wallet that supports NFTs. Nevertheless, this crypto project is still under development, meaning that there are still a lot of things to do before they achieve what they are aiming for.
Cum Rocket (CUMMIES) Price Analysis
According to CoinMarketCap, CUMMIES joined the market in April 2021 with a price of around $0.0018 per token. The first week in the market was not that interesting for Cum Rocket, with its price jumping between $0.0015-$0.0021 from time to time. However, everything changed on the 21st of April when the trading value of CUMMIES skyrocketed for the first time. By the 25th of April, Cum Rocket had a new all-time high of $0.025, experiencing a 1288% increase in only a matter of days.
The Cum Rocket token felt a little bit of resistance building up at the price of $0.011 for several days. By the end of April, CUMMIES had surpassed its all-time high once again. This uptrend reached its peak by the 5th of May, leaving the token with an all-time high of $0.28. After setting this all-time high, its price dropped just as expected. By the end of May, CUMMIES was back at the price of $0.027.
Rank: 1525
Not long after, however, CUMMIES experienced yet another huge increase. On the 5th of June, the token reached the price of $0.28 once again, but it didn’t surpass it. History repeated itself since the price of the token dropped to $0.027 by the end of June.
At the time of writing, CUMMIES is trading at $0.024 per token with a trading volume of over $210,000. The token has a market capitalization of $33 million, giving it the rank #599 on CoinMarketCap.
Cum Rocket (CUMMIES) Market Price Prediction
Coin Mafia
Coin Mafia is a relatively new cryptocurrency Youtuber that makes videos about numerous crypto projects. In one of his latest videos regarding Cum Rocket, he does a brief fundamental analysis of the project. Moreover, he does a whale-check on BSCScan. He claims that as the Cum Rocket platform grows, its trading volume will most probably increase because of increased traffic. By the end of the video, Coin Mafia states that, because CUMMIES is a low-cap token, it has the potential to make an x100 by the end of the year.
International Business Times
Earlier this year, International Business Times, quite a famous online newsletter, interviewed the CEO of Cum Rocket – Lydia Lane. During her interview, Lydia was asked whether CUMMIES will surpass the $1 milestone anytime soon. Her answer was very realistic as she stated that we cannot make projections on a market that is this volatile. “We can’t predict how this will affect our price,” she added.
However, she stated that the recent price movements of CUMMIES being similar to those of major cryptocurrencies such as Bitcoin makes the project more reliable. Mentioning this and numerous other indicators, Lydia claimed that Cum Rocket is on a positive path.
By the end of the interview, Elon Musk and his tweets were mentioned. One of his tweets is believed to have caused CUMMIES price to skyrocket.
💦🚀 –> 🌙
— Elon Musk (@elonmusk) June 5, 2021
Crypto Academy Cum Rocket (CUMMIES) Price Prediction
We at Crypto Academy are very open to innovative crypto projects since this industry is all about innovation. We did some thorough analysis around Cum Rocket and came up with a forecast.
Cum Rocket (CUMMIES) Price Prediction 2021
As mentioned before, this year has been crazy for Cum Rocket so far. Being only some months old, Cum Rocket has experienced extreme volatility, with its price surging as much as 1000% in a matter of days. Their roadmap states that they will invest their time in applying in major exchanges such as Coinbase during the third quarter of 2021. If they get listed in any major exchange, their price might increase big time. We believe that CUMMIES is likely to end the year with a price between $0.10-$0.18.
Cum Rocket (CUMMIES) Price Prediction 2022
As for the year 2022, we believe that CUMMIES might continue its uptrend. Again, their roadmap suggests numerous new features and updates, and if they are successfully implemented, it might have a positive impact on its price. Their roadmap states that they will open a charity using transaction fees from CUMMIES to fight against child abuse and human trafficking. That being said, the token might hit a high of $0.32 sometime during 2022.
Cum Rocket (CUMMIES) Price Prediction 2023
Considering that Cum Rocket was launched this year, we believe that it has a long way to go before it reaches its full potential. As Cum Rocket starts to collaborate with famous pornstars and directors, it will consequently get more famous. This is believed to have a positive impact on its price. By the end of 2023, we believe the token might finally surpass the $0.50 milestone.
Cum Rocket (CUMMIES) Price Prediction 2024
The year 2024 may be more stable for the token which is likely to experience small price movements during that time. We believe that the Bitcoin halving might not affect the price of CUMMIES that much, however, as the year comes to an end, CUMMIES might dip. Our forecast shows that CUMMIES might be trading at a potential price between $0.40-$0.55 by December 2024, possibly dropping below the $0.50 mark.
Cum Rocket (CUMMIES) Price Prediction 2025
After a slow and stable year, CUMMIES is predicted to get back on its feet. With the market potentially experiencing one of those huge bull runs that it usually does every four years, the price of CUMMIES might do the same. We believe that the token might get back on its feet by February 2025 and break its all-time high by the end of the year; possibly setting a new all-time high above the $1 mark.
Cum Rocket (CUMMIES) Price Prediction 2026
Similar to 2024, the year 2026 is likely to be a steady year for CUMMIES. We believe that CUMMIES might experience small price movements of +-10% per month throughout the year. Nevertheless, this year might still prove beneficial to investors. Our prediction shows that CUMMIES might be trading at $1.20-$1.40 per token by the end of the year. This would mean an increase of around 50% on its price.
How To Buy Cum Rocket (CUMMIES)?
Step 1: Download Trust Wallet or Metamask
The very first step towards obtaining CUMMIES is downloading Trust Wallet or Metamask. After doing so, create a wallet and store your private keys somewhere safe. If you already have a wallet, use your private keys to connect it to your device.
Step 2: Fund your wallet
When you are done with your wallet, you must fund your wallet with Binance Coin (BNB) or Wrapped Binance Coin (WBNB). After your wallet is funded with the desired amount, simply go to PancakeSwap and connect your wallet. If using Metamask, you should manually add the Binance Smart Chain network to your wallet.
Step 3: Swap your tokens
After finishing the connection process, you are ready to go. Locate the “exchange” tab on PancakeSwap and click on it. Now, all you have to do is select BNB or WBNB as the primary currency and CUMMIES as the secondary currency. After entering the desired amount of CUMMIES, click “Swap” and, if there is enough liquidity, you are done.
You can also buy CUMMIES using CoinTiger, a centralized cryptocurrency exchange. To do so, simply open an account on CoinTiger, verify your identity, fund your account, and use USD Tether (USDT) to buy CUMMIES.
FAQ
Where can I buy Cum Rocket (CUMMIES)?
According to CoinMarketCap, you can only buy Cum Rocket tokens on PancakeSwap and CoinTiger. However, according to Cum Rocket, they are close to being listed in one of the biggest crypto exchanges in the United States – and that is Coinbase. Moreover, they aim to be listed in numerous other exchanges by the end of 2021.
Is Cum Rocket (CUMMIES) a good investment?
Yes. Cum Rocket is a crypto project that has a clear vision of what it wants to achieve – and we believe in its vision. Being the first of its kind, Cum Rocket has a lot of potential without a doubt. To add to this, their team is totally transparent and is growing. That being said, we believe that Cum Rocket is a project that might prove as a good investment to everyone.
Will Cum Rocket (CUMMIES) reach $1 in 2021?
Maybe. According to numerous cryptocurrency enthusiasts, the $1 milestone is easily achievable for Cum Rocket. Yet, this project is still very young, and because of its relatively large supply, reaching $1 in 2021 might be sort of a long shot. If the token does not reach $1 this year, it is highly likely to do so in the future.
Also Read: SafeMoon Price Prediction 2021 and Beyond – Is SAFEMOON a Good Investment?
Takeaways
- As the DeFi ecosystem grows, new innovative DeFi projects are being created.
- Cum Rocket’s native token, CUMMIES, was launched earlier this year.
- This token was launched on the Binance Smart Chain (BSC), which makes it a BEP-20 token.
- Similar to SafeMoon, Cum Rocket is a reflection token, rewarding its holders automatically.
- In August 2021, Cum Rocket launched a Non-Fungible Token (NFT) gallery and marketplace for adult content on their platform.
- Some of the most expensive NFTs on their website are worth 1 Binance Coin (BNB).
- All in all, Cum Rocket is a good project with a clear vision, despite being so young in the DeFi space.